US tariffs: how Trump’s tax is hitting Big Tech and beyond
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Designed in California, assembled in India.
Apple’s “short-term” solution to Trump’s tariffs may be upping its iPhone exports from India, where the 26 percent tariff is about half of China’s. The company is on track to make 25 million phones there this year, with 10 million for the local market, but might redirect more to the US.
The Wall Street Journal reports that Apple sees the situation as “too uncertain” to alter its manufacturing plans just yet though.
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